Comments on: Hope For San Diego Homeowners

By: San Diego dentist

San Diego dentist — Fri, 31 Oct 2008 18:26:32 +0000

Although the foreclosures may have plateau, the correction still has a little ways to go. Sorry, fundamental values stand for SOMETHING and are really your best bet against big losses. San Diego cosmetic dentist

By: gold silver

gold silver — Fri, 31 Oct 2008 18:25:48 +0000

They are raising interest rates to shore up the banks. They don't care diddlysquat about the struggling homeowners. The rising interest rates now will cause more with adjustable mortgages to go into default. This is just a temporary slowing and even if the slow figure holds, the bottom line is more people are going to default despite bailing out Fannie Mae which is basically giving money to the foreign investors like China and Russia. Let them default! The price of housing NEEDS to go down another $200,000! Why should our tax dollars and the Federal Treasury print monies to devalue our dollars to keep people in overpriced housing they could not afford to begin with? They can walk away now and buy cheaper homes. gold detector

By: lasik surgery

lasik surgery — Fri, 31 Oct 2008 18:25:05 +0000

FANNIE MAE AND FREDDI MAC are the public companies traded on stock market. When there was profit the investors got the profit. When they are in loss WHY Taxpayers are asked to pay for the loss. ??????????????? FANNIE MAE AND FREDDI MAC should NOT be bailed out. lasik surgeon

By: Los Angeles real estate lawyers

Los Angeles real estate lawyers — Fri, 31 Oct 2008 18:24:11 +0000

No matter how one looks at it, there's always going to be housing markets that are overhyped. If somehow those markets can support whatever the hype is all about, the real estate price will remain high. If they don't then house prices will plummet. A typical example of the latter is Southern Cal (San Diego and the Southern OC come to mind). SF is in an unusual situation. RE prices will continued to go up as long as people are willing to blow their money on housing, even if it's exorbitantly overpriced. Meanwhile, the city's infrastructure is crumbling. That can only go that far. As more and more middle-class people and families abandon SF, the city will be stuck with the hyper-rich and the indigent, neither of which will contribute much (or anything) to the tax-base. The moneyed rarely have any desire to plow money into their "beloved" city, and the indigent don't have any. My bets are on "going down". Los Angeles real estate attorneys

By: California personal injury lawyers

California personal injury lawyers — Fri, 31 Oct 2008 18:23:23 +0000

To those who think only low income people are losing their homes. WRONG....middle-class folks are losing their homes MORE than low income folks are. I think it makes some people feel good to try to put a rationale on this that it has to be people with low income, than to accept the fact that it is middle income folks more so. California accident lawyers

By: real estate agent san diego

real estate agent san diego — Fri, 31 Oct 2008 18:22:21 +0000

Man, am I glad I talked my dad into not buying a house he most likely couldn’t afford, 8 years ago, and I was only 15! Too bad all these sob's didn’t do the same. real estate for sale san diego